Barclays Global Investors (BGI) has appointed Steve Monroe Global Head of Cash Management. He will lead BGI’s global cash collateral and direct cash offering from San Francisco, reporting to Mike Williams, Head of BGI’s Global Index and Markets Group.
Dave Lonergan, Head of US Cash Management, and Jonathan Curry, Head of European Cash Management, will report to Monroe.
At the end of last year, BG Imanaged $199 billion in cash assets globally.
“BGI has a 25-year history in managing cash assets and has built out a successful global franchise in cash collateral and direct cash management,” says Williams. “Steve has a wealth of knowledge and experience in the cash business, and his addition to the team will help keep BGI at the forefront of providing value-added cash investment products and solutions for our clients.”
“I am pleased to join a firm with such long and rich history managing cash for institutions,” says Monroe. “BGI has been an innovator in the cash management industry and I am looking forward to working with the entire team to build on our current leadership position.”
Monroe joined BGI from JPMorgan Chase, where he was Managing Director, National Sales Manager, Short Duration Products. Monroe has a Bachelor of Arts degree in Economics from Williams College.